Feeds

Telecom Italia makes surprise shift to web content

Teams up with News Corp, Sky Italia

The essential guide to IT transformation

Telecom Italia plans to distribute music, movies, and television over its broadband internet service in a radical departure from its core business.

Negotiations have been taking place between Telecom Italia chairman Marco Tronchetti Provera and his News Corp counterpart Rupert Murdoch on a content deal with Sky Italia.

An announcement on the company's decision to sell Telecom Italia Mobile (TIM) - Italy's number one mobile phone provider - in order to free up cash is expected to be made later today.

It's a move that signals a significant shift from a company providing traditional telecommunications over to media content services made available online.

Telecom Italia merged with TIM less than two years ago in a €20bn deal, but has felt the pinch and recorded losses in what has been a turbulent marketplace ever since.

Last week, Sky snapped up satellite rights to show Italy's series B football matches for this season. One of the viewing highlights is expected to be relegated match-fixers Juventus.

Consultants advising Telecom Italia have said the decision to move into delivering media content for broadband customers is well-timed. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Déjà vu: Virgin Media jacks up broadband prices
Screw copper phone lines, we're UNIQUE, bleats telco
NBN Co claims 96 mbps download speeds for FTTN trial
Umina trial also delivers 30 mbps uploads, but exact rig used not revealed
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
EE: STILL Blighty's best mobe network, says 'Frappucino' Moore
Fresh round of network stats fisticuffs possibly on the cards here
US TV stations bowl sueball directly at FCC's spectrum mega-sale
Broadcasters upset about coverage and cost as they shift up and down the dials
ROAD TRIP! An FCC road trip – Leahy demands net neutrality debate across US
You crashed watchdog's site, now time to crash its ears
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?